Dundee Precious Metals (TSE:DPM) Shares Pass Above 200-Day Moving Average – What’s Next?

Dundee Precious Metals Inc. (TSE:DPM) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$38.74 and traded as high as C$55.79. Dundee Precious Metals shares last traded at C$53.91, with a volume of 628,569 shares.

Analyst Upgrades and Downgrades

DPM has been the topic of several analyst reports. Canadian Imperial Bank of Commerce lifted their target price on shares of Dundee Precious Metals from C$58.00 to C$64.00 in a report on Thursday, February 26th. BMO Capital Markets lifted their target price on shares of Dundee Precious Metals from C$38.00 to C$50.00 in a research report on Friday, December 5th. Canaccord Genuity Group increased their price objective on Dundee Precious Metals from C$62.00 to C$70.00 in a research note on Friday. Scotiabank lifted their target price on shares of Dundee Precious Metals from C$43.00 to C$55.00 in a research note on Monday, January 26th. Finally, Stifel Nicolaus upped their price objective on shares of Dundee Precious Metals from C$46.00 to C$61.00 in a research note on Tuesday, February 10th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, Dundee Precious Metals currently has a consensus rating of “Buy” and a consensus target price of C$52.67.

Dundee Precious Metals Price Performance

The company has a debt-to-equity ratio of 0.48, a current ratio of 3.58 and a quick ratio of 6.61. The business’s 50-day moving average price is C$50.16 and its two-hundred day moving average price is C$38.95. The firm has a market cap of C$12.17 billion, a price-to-earnings ratio of 27.55, a P/E/G ratio of 0.04 and a beta of 1.19.

Dundee Precious Metals (TSE:DPM) last announced its quarterly earnings data on Tuesday, February 10th. The mining company reported C$1.06 earnings per share for the quarter. Dundee Precious Metals had a return on equity of 19.82% and a net margin of 42.07%.The firm had revenue of C$471.85 million during the quarter. On average, research analysts forecast that Dundee Precious Metals Inc. will post 1.9039474 EPS for the current fiscal year.

Insider Buying and Selling

In other Dundee Precious Metals news, insider William John Jr. Decooman sold 7,671 shares of the business’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of C$50.20, for a total transaction of C$385,084.20. 0.16% of the stock is currently owned by corporate insiders.

About Dundee Precious Metals

DPM Metals engages in the acquisition, exploration, development, mining, and processing of precious metals, primarily focusing on gold, copper, and silver deposits. The company produces approximately 200,000 ounces of gold annually and is among the lowest-cost gold producers globally. DPM Metals maintains a strong financial position with $763 million in net cash as of March 2025 and has returned over $260 million to shareholders since 2020.